Fujitsu Chief Says No Need for "Drastic Measures"
The new president of Fujitsu Ltd. said Thursday that the sprawling technology giant has no immediate plans to exit its major businesses or to reduce its head count, nor does it need a major overhaul.
Taking office amid the turmoil stemming from the departure last year of its former president, new president Masami Yamamoto said restructuring had run its course and the company has finished reorganizing its unprofitable businesses.
“I’m not saying restructuring is all over. But as for drastic measures, we’ve already done most of what we need to do,” said Mr. Yamamoto, who took over April 1, succeeding current chairman and interim president Michiyoshi Mazuka, and who comes from the company’s computer-server business.
